Entrepreneurship Development : Issues & Perspectives

Entrepreneurship has been considered the backbone of economic development. It has been well-established that the level of economic growth of a region, to a large extent, depends on the level of entrepreneurial activities in that region. The myth that entrepreneurs are born, no more holds good. Rather, it is well-recognised now that the entrepreneurs can be created and nurtured through appropriate interventions in the form of entrepreneurship development programmes. In the present era of liberalisation, privatisation and globalisation along with ongoing IT revolution, capable entrepreneurs are making use of the opportunities emerging from the evolving scenario. However, a large segment of the population, particularly in the industrially backward regions/rural areas generally lags behind in taking advantage of these opportunities. Therefore, there is a need to provide skill development and entrepreneurship development training to such people in order to bring them to mainstream of economic growth. Entrepreneurship is the quality of being an entrepreneur (ie: one who undertakes an enterprise). The term puts emphasis on the risk and effort taken by individuals who both own and manage a business, and on the innovations resulting from their pursuit of economic success. This volume contains 18 papers, authored by experts in the field of entrepreneurship and related areas, which provide theoretical and empirical insights into various aspects of entrepreneurship development.